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Fiscal Affairs

Fiscal Council Dataset

Fiscal councils are independent public institutions aimed at strengthening commitments to sustainable public finances through various functions, including public assessments of fiscal plans and performance, and the evaluation or provision of macroeconomic and budgetary forecasts.

The IMF Fiscal Council Dataset describes key features of 29 institutions identified as fiscal councils (as of end-January 2013) across the IMF membership. The dataset includes general information such as the name and acronym of the council and its date of creation, the main features of the council's remit, their specific tasks and instruments to influence the conduct of fiscal policy as well as key institutional characteristics such as the existence of formal guarantees of independence, accountability requirements, and human resources.

The IMF Working Paper "Strengthening Post-Crisis Fiscal Credibility—Fiscal Councils on the Rise. A New Dataset" by Xavier Debrun and Tidiane Kinda (2014)" provides the list and definition of variables included in the Fiscal Council Dataset. It also describes the variety of sources used to assemble the data.

Disclaimer

Use of the data and products from this webpage requires the following two citations: X. Debrun and T. Kinda, 2014, "Strengthening Post-Crisis Fiscal Credibility—Fiscal Councils on the Rise. A New Dataset" IMF Working Paper, 14/58 as well as, X. Debrun, T. Kinda, T. Curristine, L. Eyraud, J. Harris, J. Seiwald, 2013, "The Functions and Impact of Fiscal Councils," IMF Policy Paper; July 16, 2013, International Monetary Fund, Washington, DC. This is an ongoing project and we welcome comments on the data, including suggestions to enhance coverage to tkinda@imf.org and xdebrun@imf.org

Download: Policy Paper | IMF Working Paper | Data | Survey Story and Blog


Fiscal Councils Around the World, 2013

Fiscal Councils Around the World, 2013

Fiscal Councils in Europe, 2013

Fiscal Councils in Europe, 2013

Source: IMF Fiscal Council Dataset.
Note: Based on fiscal councils with adopted primary legislative texts as of end-January 2013 as well as fiscal councils in an advanced stage of development.